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Business

NCLAT orders reinstatement of Cyrus Mistry as Chairman of Tata Sons

New Delhi: In a big win for Cyrus Mistry, a company law appeals court on Wednesday restored him as executive chairman of Tata Sons and ruled that appointment of N Chandrasekaran as head of the holding company of over USD 110 billion salt-to-software conglomerate was illegal.


Infosys to pay USD 800,000 to settle worker misclassification, tax fraud charges

Infosys, India's top IT major, has agreed to pay USD 800,000 to settle allegations of misclassification of foreign workers and tax fraud, officials announced Tuesday.


LATEST HEADLINES

MP HC sets up judicial commission to probe water contamination in Indore


'India, US moving closer to trade deal after very significant progress in talks'


UK PM Keir Starmer takes ‘China matters’ message on first Beijing visit


Belagavi: Married man jumps into Malaprabha river with lover


Speaker rules out discussion on Guv''s conduct amid K''taka Assembly standoff


10 arrested in inter-state drug racket; narcotics worth Rs 4 crore seized


Rupee hits all-time low for second time in a week


Ajit Pawar's death in plane crash an accident, don't bring politics: Sharad Pawar


Domestic help held for stealing cash, jewellery from US couple's house in B'luru


Chartered Speed, EKA Mobility to deploy 1,750 electric buses in Bengaluru


Rohit identifies Arshdeep, Hardik as key to India's chances in T20 World Cup


Building castle in the air: SC irked over non-compliance of orders by states in stray dog case




Index of Industrial Production falls for 3rd straight month by 3.8% in October

New Delhi: Showing signs of economic slowdown, Industrial production shrank for third consecutive month in October by 3.8 per cent, mainly due to output fall in manufacturing, mining and electricity sectors, as per official data released on Thursday.

 

Reliance Jio brings new plans, prices rise by up to 39%

New Delhi: Reliance Jio on Wednesday announced new plans which will be costlier by up to 39 per cent compared to older plans for its customers.

Larry Page, Sergey Brin step down; Sundar Pichai promoted as Alphabet CEO

Google's India-born Chief Executive Officer Sundar Pichai will assume the leadership role at its parent firm Alphabet after the internet giant's co-founders Larry Page and Sergey Brin stepped down from its active management, making him one of the most powerful corporate leaders of the world.

About 92,700 BSNL,MTNL employees opt for voluntary retirement; firms to save Rs 8,800 crore annually

New Delhi: Nearly 92,700 employees of BSNL and MTNL have opted for voluntary retirement, which is expected to save about Rs 8,800 crore annually in salary bills for the debt-laden telecom companies.

 

India's GDP growth slips to six year low 4.5 pc in July-Sept

New Delhi: India's economic growth slipped further to hit an over six-year low of 4.5 per cent in July-September, according to official data released on Friday.

 

Tata Steel confirms 1,000 job cuts in UK as talks with workers kick off

London: Tata Steel Europe said it had begun consultations with the European Works Council (EWC) on Wednesday on restructuring plans for its business, which would include up to 3,000 job losses 1,000 of which will be in the UK.

 

Sensex, Nifty hit record peaks in opening session

Mumbai: Market benchmark BSE Sensex jumped over 200 points in early trade on Tuesday to hit its record high of 41,108, and NSE Nifty surged to its lifetime peak of 12,126 amid sustained foreign fund inflow and positive global cues.

 

India becoming $5 trillion economy by 2025 ‘simply out of question’: Ex-RBI Governor C Rangarajan

New Delhi: Claiming that India will need another 22 years of sustained growth to become a “developed country,” former Reserve Bank of India (RBI) governor C Rangarajan said on Thursday that at the current growth rate, India becoming a USD 5 trillion economy by 2025 is “simply out of question.”

 
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